Discusses how managers should select and balance their R&D portfolio, as well as the advantages and disadvantages of some of the most often used tools for project evaluation.

6.1 Learning Outcomes:

1. Familiarize with the wide variety of methods available (both quantitative and qualitative) to evaluate innovation projects.
2. Highlight the important role played by managerial assumptions in the accuracy and utility of any measure used.
3. Emphasize the importance of a balanced R&D project portfolio (i.e. advanced R&D, breakthrough, platform, and derivative).

6.2 Action Required:

• Watch the short video in the following link

https://www.youtube.com/watch?v=0QOdd45aZ1o

6.3 Test your Knowledge (Question):

Q. Discusses how managers should select and balance their R&D portfolio, as well as the advantages and disadvantages of some of the most often used tools for project evaluation.

6.4 Instructions

• Post your answer in the discussion board using the discussion link below (Week6: Interactive learning Discussion)
• Your answers should not exceed word limit of 100-120